Strategy Buy More 4.020 Bitcoin; Why Did Saylor Only Announce On Monday?

Against the usual trend, Strategy ( previously known as MicroStrategy) has purchased an additional 4,020 Bitcoin on May 26. The company spent $427.1 million on its latest purchase at an average price of $106,237 per coin. In this way, the company reaffirms its belief in Bitcoin and the continued use of Bitcoin as a treasury reserve asset. According to the official announcement, Strategy is currently holding 580,250 BTC purchased at a price of 40.61 billion dollars at an average bitcoin price of 69,979 dollars. So far, the company has achieved a profit of 16.8% on the amount of Bitcoin held, demonstrating the value of the Bitcoin-focused strategy even as the market changes rapidly. With this purchase transaction, the Strategy continues to guide financial institutions to adopt Bitcoin and adjust their treasury policies in line with the operational situation of this digital asset worldwide.

Why does Michael Saylor only buy Bitcoin on Mondays? Michael Saylor, the Executive Chairman of Strategy, has attracted attention for his strategic Bitcoin purchases, often announced on Mondays. This pattern seems intentional as Saylor announces the company's Bitcoin purchases before the weekly market opens, reportedly to positively influence market sentiment for the week. By revealing his Bitcoin purchases earlier this week, Saylor aims to boost confidence among investors while leveraging the new momentum from the market opening. This approach reinforces Saylor's optimistic stance, as he recently stated, "I only buy Bitcoin with money that I can afford to lose," reflecting his strong belief in his 4.3 million followers.